Lithium Australia

Primary ticker: ASX:LIT
Stage of development: Exploration, Development
Primary minerals: Lithium, Lithium chemicals, Li-ion battery cathode
Project to promote: The Energy Metal Cycle; SiLeach; VSPC, RCARC

Live financials

Lithium Australia – disruptive technology for the primary recovery of lithium from silicate minerals. Recycling of the “Energy Metals” to rebirth Li-ion batteries and advanced technology for the production of battery cathode materials. Lithium Australia’s technologies close the life-cycle loop to create a sustainable future for Li-ion batteries. Lithium Australia is possibly the only company in the Li-ion battery space with the capacity to provide complete vertical integration in the supply chain.

Management Profile

Adrian Griffin – Managing Director

Adrian is a mining professional with experience on every continent (including Antarctica) of over 40 years. This has included project identification, planning and implementation, encapsulating exploration, mine development, financing, construction and operations. Adrian has taken the LIT business plan from that of explorer, through to disruptive technology developer with exposure to all of the principal disciplines in the battery industry.

What is your rationale for attending 121 Mining Investment?

At 121 Mining Singapore, Lithium Australia is looking to connect with institutional and private investors and potential strategic partners to raise its profile in the investment community and to prepare for future funding requirements.

What recent news would you like to highlight to investors attending?

15/04/2019 – Spodumene pegmatite swarm discovered at at the Medcalf Prospect Lake Johnston WA
12/04/2019 – Lithium Australia takes equity in battery recycler, Envirostream
04/04/2019 – Battery recycling made easy: an initiative of LIT and Envirostream
20/03/2019 – Domestic lithium cathode production: the key to energy security
05/03/2019 – Lithium phosphate refining vindicates cathode production
27/02/2019 – Sadisdorf acquisition and release of shares from escrow
21/02/2019 – LieNA offers alternative to conventional spodumene processing
18/02/2019 – Update of field work at Youanmi Western Australia
14/02/2019 – Lithium-ion battery components from mica at Sadisdorf Germany

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

The risks are technical and implementation risks, mitigated by systematic testing, good planning and adequate funding.

In a sentence,what do you think makes your company such a compelling investment?

We are on track to become a force in the lithium value chain, vertically integrating across resource > mine > lithium chemicals > Li-ion battery manufacture > battery metal recycling, leveraging off our 100% owned advanced mineral processing and battery technology, each of which have considerable environmental and sustainability credits over current high cost/ dirty technology (roasting). We aim to establish ourselves – and our partners – in the low end of the lithium chemical cost-curve (via SiLeach) while also tackling the high margin regions of the value chain (Li-ion cathodes) and get set in a future high value segment (battery metal recycling).